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PRICE $13,600,000 dsIDX morgage calculator
BEDS 36
BATHS 34
HOME SIZE 29,102 sqft
LOT SIZE 37,449 sqft

Two adjacent properties (7044 & 7056 Lanewood Ave) located on 5-lots in prime Hollywood. 37,449 S.F. zoned LAR4, TOC Tier 3 suitable to develop up to a 160 brand new multi-family property (Buyer to verify). Significant (58%) upside in rents. 9.4 x Gross & 7.6% Cap with rents at market. $247,273/Unit. Existing loan secured by 7044 Lanewood is $5,200,000 @ 4% fixed, payable I.O. until 12/1/24. Due 12/1/31 Sold with APN 5548-013-018 (7056 Lanewood Ave)

DAYS ON MARKET 67 LAST UPDATED 1/19/2023
YEAR BUILT 1956 COMMUNITY Hollywood
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
APPLIANCES Dishwasher
AREA Hollywood
GARAGE Assigned
LOT 0.86 acre(s)
PARKING Assigned
POOL Yes
POOL DESCRIPTION Association
ZONING LAR4
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 7044 7056 LANEWOOD AVENUE
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Listed with Keller Williams Beverly Hills

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 3/25/23 6:26 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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